History of the petroleum industry in Norway

Source: Wikipedia, the free encyclopedia.

The history of the petroleum industry in Norway is the most significant part of

Norway's economic history
, and significant across that of Europe's petroleum industry.

Exploration

A letter dated 25 February 1958 from the Geological Survey of Norway to the Norwegian Ministry of Foreign Affairs stated that the chances of finding oil off the Norwegian coastline were negligible.[citation needed]

In May 1963, Norway declared that any oil found off its coast would belong to Norway. In March 1965, the boundaries of oil exploration were divided along the median line across the North Sea. In April 1965 Norway opened the first round of exploration drilling licences, with 22 in 78 areas.[citation needed]

Esso received three exploration drilling licences in the

Lykkeland
. Norway announced the discovery of a large oil field on 2 June 1970.

A United Nations conference in 1973, under the United Nations Convention on the Law of the Sea, extended the area for oil exploration northwards into the Barents Sea.[citation needed]

Production

Production from the oil field discovered in December 1969 began on 15 June 1971; this was the first production of North Sea oil. Norway's state-owned oil production company was formed in 1972. The oil industry of Norway would be centred in Stavanger.

Production in the Norwegian Sea began in 1993, and that in the Barents Sea began in 2007.

Refineries

Mongstad oil refinery in August 2007

Mongstad, Norway's largest oil refinery, opened in 1975.

Pipelines

A pipeline was laid across the North Sea southwards to Germany; divers working on the pipe would need up to 70 days of decompression, and suffered permanent physical injury.

Economy of Norway

A

Ministry of Petroleum and Energy
.

References